Wholesaling: Companies Report a More Favourable Business Situation

The business climate indicator for wholesaling rose in March to its highest level since last June. This was primarily due to great satisfaction with their current business situation on the part of survey participants. As far as future business developments were concerned, however, wholesalers were marginally less confident than recently. Ordering plans remained slightly growth-oriented. According to the test results, firms were able to increase their sales prices last month and expect to see greater scope for price increases in the months ahead. Their staff numbers are expected to remain constant on balance.